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Blockchain and Web 3.0: Social, Economic, and Technological Challenges

Drivers of Digital Trust in the Crypto Industry

Bokkapitel
Referens
Freeman, Scott, Ivana Beveridge och Jannis Angelis (2019). ”Drivers of Digital Trust in the Crypto Industry”. I Massimo Ragnedda och Giuseppe Destefanis (red.), Blockchain and Web 3.0: Social, Economic, and Technological Challenges (62–77). London and New York: Routledge.

Författare
Scott Freeman, Ivana Beveridge, Jannis Angelis

Redaktör
Massimo Ragnedda, Giuseppe Destefanis

This chapter discusses the socioeconomic and technological aspects of blockchain and its implications when adopted in fintech. In particular, we focus on the enablers of digital trust, which is supporting the mass mobilization of people across geographical and social boundaries at a historically unparalleled speed and extent, bringing them fast into a circle of trust. Drawing on market data, industry cases, anecdotes, and academic frameworks, we analyze the drivers of digital trust in the crypto industry from historic, institutional, market, and sociological perspectives. We support the conclusions drawn with empirical findings generated through a firsthand managerial experience with a leading crypto exchange in Asia.